RE:RE:RE:RE:News update...alfhope...I hold an alternative position from yr assertion that the current assets are "not prerequisites for a rising share price". Rather I would suggest that the 20% block shares of EVNI, ALONE are worth substantially more than what RRS had the Langmuir project valued on it's books at - which, BTW, was zero value (look it up)! Since RRS is trading at same general level as before the spirit, then OBVIOUSLY the market has NOT woken up to this value!
need I point out thatENVI has just raised $2million in seed money, the action of which alone demonstrates that there are investors placing a "$0.30/share value" on ENVI, BEFORE it even triggers its business!
I would also suggest that the Que gov't will be held legally accountable for not issuing the permit of SR to proceed, especially when one considers other mining activities are ongoing in the same area as SR. Therefore, on what legal basis (maybe ideology one) could they NOT issue the mining permit? RRS will receiver substantial portion of it's multi million SR investment. Let the legal beagles conclude as to what amount that will be!
The Stone business IS profitable, and has IMO, proven to be RRS company saviour (so far). Stone is paying for the salaries of mgnt etc. But my contention is also that since mgnt are ramping it's production up to full permit levels, and RRS is having demonstratively success in growing it's customer base & profitable sales, then additional $ will be generated as progress ensues. And don't forget that mgnt found these 2 quarries, and have stated that they are on lookout for similar additions. When they are found, RRS will grow another notch.
So I definitely see the glass is half full & getting fuller.